***Open House Sunday, 6/14, from 10:30 - 12:00*** Halfmoon duplex in the Shenendehowa district -- premium spec, privately set on ~1 acre far back from the road. Two 2BR/2BA units with finished basement, attached garage per unit, in-unit laundry, and central air (2016). One unit includes a generator. Separately metered -- tenants pay all utilities. $4,380/month current rents. $37,785 NOI, $405/month cash flow -- self-managed. Unit 1 is $400/month below the $2,400 area market rate. At market rents: 7.74% cap rate, $803/month cash flow. For the owner-occupant: live in Unit 1, collect Unit 2 rent -- net housing cost as low as $652/month versus $2,100+ to rent comparable in Halfmoon. Priced at $275K/unit, Shenendehowa school district. Pro Forma available upon request.

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Listed by Jason D Young of Real Broker NY LLC

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